Blogs can be used as a good source for making money online. At present I am making money out of my blog from google ads or adsense, textlink ads, private ads or banners and paid reviews. For new bloggers it is very easy to make money by writing paid reviews. The process of writing paid reviews and getting the payment is very simple.
For of all you have to register on the sponsored blogging reviews website with the website address of your blog. There are some criteria that the blog has to satisfy to get the paid reviews like it must be 3 months old with at least 30 posts or some minimum traffic. You have to wait 2-3 days to get your blog reviewed and approved for paid reviews. After your blog is approved, go through their marketplace or just wait for blogging offers to come at your control panel or email. After the approval of the blog, you get some sponsored and paid reviews. After completing the post for that sponsored review, you have to submit its URL in your control panel for the approval by the person paying for that review. After your post is approved, you’ll receive payment ranging from $1 to $1000+. This payment mainly depends on your alexa rank, number of unique visitors, technorati ranking, yahoo backlinks, google pagerank etc.

This is the big list of paid reviews site which can be helpful for making money online…

• PayPerPost
• sponsoredreviews
• reviewme
• Blogsvertise
• BuyBlogReviews
• BloggerWave
• Blogitive
• Creamaid
• V7N Contextual
• LinkWorth
• PayU2Blog
• BloggingAds
• LinkyLoveArmy
• LoudLaunch
• Smorty

I will try to update this list whenever I find any new sponsored or paid reviews site.